Filing bankruptcy is a very difficult decision for most people. After making the decision, you have to decide what chapter of bankruptcy to file. Each chapter is a bit different than the others, and if you do not file the…
Filing for Chapter 11 bankruptcy does not mean your business will permanently close. In fact, many businesses successfully go through Chapter 11 and reemerge to become profitable operations. This is because Chapter 11 allows companies to perform certain actions to…
If you are thinking about filing for bankruptcy as a business owner, you may have questions about which type is the best for you. Chapter 11 and Chapter 13 bankruptcies are similar in the fact that you have the opportunity…
By far the most common bankruptcy cases for individuals are either Chapter 7 or Chapter 13. Chapter 11 bankruptcy is often categorized as a variety of bankruptcy that is reserved for businesses only. However, this is not the case. It…
In your quest to improve your financial health, you may have done a lot of research into filing for bankruptcy. Do you know whether everything you have read is true? Money.com breaks down common myths surrounding bankruptcy. Getting the most out…
Going through bankruptcy in Pennsylvania is stressful no matter how you are doing it, but one of the most important decisions you will make throughout the entire process is the type of bankruptcy to file. If you are going through…
Dealing with bankruptcy is stressful. Not only is it stressful to deal with an unmanageable amount of debt, but it is also stressful to work through which option is right for you. If you are dealing with a lot of…
When many people think of a company "going bankrupt," they envision shuttered storefronts, clearing out inventory, and the end of an era. However, Chapter 11 bankruptcy provides a framework for businesses to reorganize and pay off their debts while continuing…
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